CAMEC has the support of the majority of Katanga's shareholders as a result of its acquisition, in the open market, of 22% of Katanga's shares and also has entered into agreements with certain shareholders representing approximately another 32% of the outstanding shares of Katanga pursuant to which such shareholders have agreed to accept the Offer, within the context of Katanga's shareholder rights plan.

CAMEC was also responsible for spending over US$250-million in the DRC, which included millions of dollars on corporate social investment activities to uplift the communities surrounding its operations.

Katanga had announced in a news release issued on May 8, 2007 that it was making application for the Ontario Securities Commission (the 'OSC') to issue an order that would prohibit CAMEC from purchasing the Katanga shares.

LONDON, April 27 /PRNewswire-FirstCall/ -- Central African Mining & Exploration Company Plc (AIM:CFM)("CAMEC" or the "Company"), the AIM listed fully integrated exploration, mining, trading and investment company, announces that it has entered into a private agreement with a shareholder of Katanga Mining Limited ("Katanga"), pursuant to which CAMEC has agreed to acquire an additional 1,619,500 common shares of Katanga.

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